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Stock Market & Financial Investment News

News Breaks
May 5, 2014
10:39 EDTZMH, AR, SIL, MEMP, TOTHigh option volume stocks: ZMH MEMP AR TOT SIL
News For ZMH;MEMP;AR;TOT;SIL From The Last 14 Days
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May 28, 2015
17:56 EDTZMHZimmer announces agreements in furtherance of pending Biomet merger
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09:28 EDTZMHLeerink medical devices analyst holds an analyst/industry conference call
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May 27, 2015
10:14 EDTTOTAnalyst says China trend good for oil equities
China's demand for oil has been stronger than expected and the trend should be positive for oil companies' stocks, research firm Bernstein wrote in a note to investors today. WHAT'S NEW: Chinese oil imports reached a record high in April, rising 9% versus the same period a year earlier, Bernstein analyst Neil Beveridge reported. The imports have exceeded expectations and have been boosted by high gasoline demand, according to the analyst. The high gasoline demand in China, in turn, has been driven by a 50% year-over-year increase in the sales of SUVs, according to Beveridge. Analysts will respond to this trend by increasing their global oil demand estimates, he predicted. Oil prices are likely to rise in the near-term, providing a tailwind for oil equities, according to Beveridge, who identified InterOil (IOC) and China's CNOOC (CEO) as two of his favorite names in the Asian region. Other publicly traded companies in the oil space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). WHAT'S NOTABLE: Jaguar Land Rover, owned by India's Tata Motors (TTM), is launching its Range Rover Evoque SUV in China this fiscal year, but is having trouble ramping up production of the vehicle, Forbes reported last week. PRICE ACTION: in early trading, CNOOC was flat at $162.50 and InterOil slipped fractionally to $46.58.
05:25 EDTTOTTotal produces 2B barrels on deep offshore Block 17, Angola
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May 22, 2015
09:57 EDTTOTOn The Fly: Analyst Upgrade Summary
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07:00 EDTTOTBP upgraded to Neutral on reduced Russia risk at JPMorgan
JPMorgan upgraded BP (BP) to Neutral citing less risk in Russia and a pathway to cash flow neutrality in 2017. JPMorgan this morning also upgraded Total (TOT) to Overweight and Eni SpA (E) to Neutral.
05:31 EDTTOTTotal upgraded to Overweight from Neutral at JPMorgan
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May 20, 2015
17:37 EDTARAntero Resources backs FY15 net daily production 1.4 Bcfe/d
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May 18, 2015
16:51 EDTZMHBIOLASE CEO Jeffrey Nugent to step down, Harold Flynn appointed CEO
BIOLASE (BIOL) announced that Harold Flynn Jr. will become president and CEO, effective July 13. The current president and CEO Jeffrey Nugent will step down at that time. Since 2007, Flynn has been president of Zimmer Dental, a manufacturer and provider of medical devices for the dental market. Zimmer Dental is a division of Zimmer Holdings (ZMH).
May 14, 2015
13:55 EDTZMHZimmer initiated with an Outperform at Northland
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08:45 EDTZMHZimmer has a conference call hosted by JPMorgan
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